Brazils central bank raised its benchmark Selic rate by 100 basis points to 13.25% on Wednesday, marking the second ...

Brazil’s central bank lifted its interest rate by a full percentage point for the second meeting and said the board will do ...

The bank’s monetary policy committee increased the benchmark rate by a full percentage point to 13.25%.

Argentina's Consumer Price Index (CPI ... It was the lowest monthly rate since July 2020 amid strict Covid-19 lockdowns, when inflation reached 1.9%. The division with the highest increase ...

Brazil economists raised their forecasts for the benchmark interest rate and inflation at the end of next year as factors including a weak currency make consumer price pressures hard to tame.

Argentina's annual inflation rate fell to 117.8 percent in 2024, marking a significant drop of 93.6 points compared to the record 211.4 percent inflation rate of 2023. The sharp decline signals a ...

SAO PAULO (Reuters) - Brazil's annual inflation rate slowed less than expected in early January, official data showed on Friday, cementing the likelihood that the central bank will hike interest ...

Official data released Friday showed consumer prices rose 4.5% from a year earlier, above the 4.36% median forecast in a Bloomberg survey of economists. On the month, they increased 0.11%. The ...

In Argentina, land of cattle ranches known for its succulent beef steaks and barbecue grills, chicken now rules supreme.

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